Cash Dividend On The Way From TORC Oil & Gas (TOG)

On 2/26/14, TORC Oil & Gas Ltd. (TSX: TOG.TO) will trade ex-dividend, for its monthly dividend of $0.045, payable on 3/17/14. As a percentage of TOG's recent stock price of $10.74, this dividend works out to approximately 0.42%.

Below is a dividend history chart for TOG, showing historical dividends prior to the most recent $0.045 declared by TORC Oil & Gas Ltd.:

TOG+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from TOG is likely to continue, and whether the current estimated yield of 5.03% on annualized basis is a reasonable expectation of annual yield going forward.

In Monday trading, TORC Oil & Gas Ltd. shares are currently up about 1.2% on the day.

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